Brown Advisory’s American Campus Communities, Inc. ACC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-5,340	Closed	-$236K	–	1270
2017 Q3	$236K	Buy	5,340 +325	+6%	+$15.4K	﹤0.01%	1074
2017 Q2	$237K	Sell	5,015 -4,365	-47%	-$208K	﹤0.01%	1093
2017 Q1	$446K	Sell	9,380 -1,591	-15%	-$77.7K	﹤0.01%	846
2016 Q4	$546K	Sell	10,971 -2,014	-16%	-$97.2K	﹤0.01%	768
2016 Q3	$661K	Sell	12,985 -1,815	-12%	-$93.2K	﹤0.01%	693
2016 Q2	$782K	Sell	14,800 -4,125	-22%	-$194K	﹤0.01%	645
2016 Q1	$891K	Sell	18,925 -8,600	-31%	-$371K	﹤0.01%	598
2015 Q4	$1.14M	Sell	27,525 -14,840	-35%	-$585K	﹤0.01%	550
2015 Q3	$1.53M	Buy	+42,365	New	+$1.55M	0.01%	511